Handbag Auctioned for US$380,000

Handbag Auctioned for US$380,000

Christie’s set the record auction price for a handbag, selling a Birkin covered with 18 karat gold and 10 carats of diamonds for HK$2.94 million ($380,000). The matte white Himalaya Niloticus crocodile diamond Birkin 30 handbag, was sold to an unidentified bidder in a sale in Hong Kong.

“Christie’s last year auctioned a similar bag in Hong Kong for $300,000.”

~ CNN

Hermes doesn’t disclose how many Diamond Himalaya bags it produces, however Christie’s estimates that only one or two are made each year. It’s not the first Birkin 30 to command an eye-popping prince. Christie’s last year auctioned a similar bag in Hong Kong for $300,000.

As at the end of 2016, Hermès employed 12,834 people worldwide and had 307 exclusive stores, 210 of which were operated directly. Although it has achieved international stature, Hermès has never lost its human touch and continues its tradition of fine craftsmanship.